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Baccarat for a Living  

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  1. 1. Do you play baccarat for a living?

  2. 2. Is your primary source of income from playing Baccarat?

  3. 3. Are you a consistent winner at Baccarat?



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8 hours ago, William Looi said:

You don't go away want to learn from you. We are here to beat the casino. Stay on please.

I'm not a teacher. I am still a pupil. I am being mentored by a Baccarat Guru who doesn't even acknowledge his own brilliance.(which is kinda refreshing...if you know what I mean)

I don't presume to be in his league.  I was sworn to secrecy when he took me under his wing (I'm 64 years old come Sunday and I'm talking like I'm just an apprentice FFS!) but compared to him...I am.

 I simply can't and won't break my word to a man who took me to a new dimension in the Baccarat world.

 

You can still beat this game with hard work...long hours and growing confidence.

The principles behind NOR still apply but my advice is to stick "negative progressions" where the sun don't shine. Stick with flat betting until you are in front in the shoe and switch to the 1 - 2 loop but never make a 2 bet that takes you below 0 (teachings of Norm RIP) Also...Make sure your first 2 bet  in the shoe follows a winning 1 unit bet...Never make your first 2 unit bet after a losing 1 unit bet (which would  effectively be a negative progression)...Think about it...if you lose your first 2 bet after a losing 1 unit bet...you just lost 3 units (No big deal further into the shoe, but not what you want early on) Conversely...if you lose your first 2 unit bet following a winning 1 unit bet...you just lost 1 unit. What would you rather do?) Thinking like that prepares you for the day when you are using serious units. Even if you are playing with $25 units or less...don't play like you are using $25 units...play like you are using $5K units. To do otherwise is just a recipe for failure.   

Set yourself an initial STOP/LOSS of -3 units and if you hit -3...get the hell out of that shoe. If you lose your first bet of a new Bias...STOP betting and wait for the next trigger. If you lose 3 first bet triggers one after the other...then that's just Baccarat and  time to find another shoe. A loss of 3 units maximum per shoe is not going to have anyone slitting their wrists. 

The advantage of a S/L of just -3 is that in the unlikely event that you hit a series of shitty shoes (or wrong decisions on your part) that there is still no need to panic because even one half decent well played shoe will outweigh several losing shoes. Ride the Bias until it ends and again in the words of Norm "when in doubt...wait it out". If you don't know what bet to make ...I say "BULLSHIT"...you do know what bet to make. The correct bet is a "zero" bet.  This method also allows for a very safe and productive way of wayincreasing your bankroll. Using Norm's 10% method...with a -3 S/L ...you only need a B/R of $3000 to bet $100 units. eg: 10% of $3000 is $300 which divided by 3 (your S/L) = $100 . When you hit $4500...(15 winning units) 10% of $4500  =$450 divided by 3 =$150 units and so on. Can you see how quickly your Bankroll can increase? Never forgetting that even if you hit a bad run...your unit size can move up and down, but as long as you stick to the 10% rule you should have no probs. Too slow for you...Think about it...on occasion, you will hit a shoe where you hit +30 or more units in a shoe with the 1 - 2 loop...with Norm's 10% rule...you just doubled your total Bankroll... and if you were using $100 units, you have bypassed $150 units directly to $200 units in your next shoe...For the faint of heart, you can use the same low risk method at 5% of your B/R. Hope this helps

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William Looi

I have been waiting for word of wisdom from you like this one. What you say make sense to me I will try my hand on this and see. I really appreciate your contribution in this forum. Hope you contribute much more in this forum.

Thanks 

William 

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Just two more things to think about...Have you noticed in Baccarat how often your score goes in multiples? (two...three...four...five or more winning bets in a row and the same ...hopefully to a lesser degree with losing bets) This is where a negative progression destroys you... What I said about early in the shoe when using the 1 -2 loop.."only make a 2 bet following a winning 1 bet" can still be utilised throughout the shoe for those whose balls haven't dropped yet. My extensive records show that long term at worst it may cost you on average a few units per shoe but may also save you from suffering heart failure. I call this the "Safety First" version of Norm's 1 - 2 Loop. This can be particularly helpful when playing TB4L as  when you hit those crappy 2iar's you are generally only losing 3 units and it only takes two winning bets to get them back.BTW: Norm would call me a "chickenshit" for playing like that but Norm (RIP) was one of a kind and I will always be indebted to the man.

Also...Don't feel you have to bet close to every hand..."THAT IS DUMB AS DOGSHIT" thinking. I would much prefer to make 30 bets in a shoe and win 16 units than make 60 bets in a shoe and win 20 units....Think about it...Eliminate as much as possible your losing bets and you are well on the way to beating this game. If you make two losing bets iar, it's a sign to be wary about your third bet...If you lose the third bet...and this is Norm shouting out from his grave "WAIT IT OUT"...STOP betting until you can judge what the shoe is doing. The basics of NOR still apply. 

AGAIN...When you are researching your previous shoes...get your thoughts away from how to increase your winnings...LOOK much harder at your losing bets and the signs that you should have spotted to not make the bet. Eliminate your losing bets as much as possible and the winning bets will almost take care of themselves. We put way too much emphasis on winning bets rather than reducing losing bets.

One more thought on Negative Progressions (You already know what my thoughts are...LOL) Think about it...A 4 unit bet (as the third or fourth bet of your NP) might not have you crapping your pants with $100 units but consider this seriously..."If you are playing $5K or higher units are you ever going to make a $20K bet when you are already down $15K or more in your progression?" Don't tell me...I already know the answer. 

Again...I'm not in the same league as the "Baccarat Trinity", but I've just tried to pass on a few points that you might want to ponder.

Hope this helps

Oz

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Cheers for the posts Oz. A big help and encouragement. 

I still remember your post a few years ago which was what caused me to do away with negative progressions: 

'if you flat bet you will win 50% of your bets. If you can't use everything on this forum to gain you A better than 50% edge you simply aren't putting in the work'

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For anyone that reads the last several posts in this thread.....3 guys in their 60's.....that more than proves LEARNING NEVER STOPS.  Are we too old?  Laughing here at that question, as I KNOW the priceless wisdom and intelligence that has been EARNED through the years.  I had no idea what age Oz and Pando was until now.  I do know I love reading and listening to every single word they share.  

Three things in terms of their character really stands out.  1.  Hard work.  2.  Humility.  3. Perseverance.  

Guys like that, (Norm set the gold standard) love passing on what they have learned to help others.  They know how challenging, difficult and frustrating it can be.  They also know how rewarding it can be and not just in terms of monetary gain.  

One thing they and I don't have time for is laziness.  Time is so precious......make every moment count in the best ways possible.  You guys are the best of the very best there is.  

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The last 3 posts from Oz, Brad and Avion are worth their weight in gold

We are never too old to learn, I only started playing this game less than 2 years ago

The information is all here, all we have to do is use it and practice.

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Brad is not old enough to be in "our" age club.  lol  Just kidding Brad.  Your work ethic is relentless, admirable, and a great example for everyone that is serious about learning the game and how to win.  

Pando, please post your results from your play this weekend.  It inspired me greatly, and is such a great example of what you do.  In just two years, I have to say you have become the consummate professional.  I am willing to bet, you have been that way all your life in everything you have taken upon yourself to do.  

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14 hours ago, avion said:

Brad is not old enough to be in "our" age club.  lol  Just kidding Brad.  Your work ethic is relentless, admirable, and a great example for everyone that is serious about learning the game and how to win.  

Pando, please post your results from your play this weekend.  It inspired me greatly, and is such a great example of what you do.  In just two years, I have to say you have become the consummate professional.  I am willing to bet, you have been that way all your life in everything you have taken upon yourself to do.  

OK, here are my shoes from Sunday

B1121111215211124312113211222122112213211 (I came in at the end of this shoe, got caught actually too many 2's, lost 4 x 2 unit bets nett -8)

B1111121111111111111142234211 (nice +17) I cut this shoe

B51413211111111111113113 (out at +12) - only one 2. Came into the shoe just as the 1's started, left when the 3's arrived

P61152111111(10)1321 (out +20). Love the 6,5,10 IAR, and only two 2's. I cut this shoe, there was a distinct mark in the mark in the deck which is where I cut it, and perfectly it started with a 6IAR. I then knew I had a 95% chance there would be more streaks (based on my own shoe data)

Overall +$1000, 40 units @ $25

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Fantastic example of how to rebound after a losing shoe.  Like the saying goes....."it's not how you start the day, it's how you end it".   Way to go Pando.  

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